Former Manchester United star Dwight Yorke Set to Face Bankruptcy After Assets Fall to £2

Dwight Yorke is set to face a bankruptcy hearing tomorrow after his company’s assets fell to £2.

The hearing is one of 13 to be held at the Rolls Building, which handles voluntary bankruptcy applications and creditors’ demands.

The former striker is listed in person on the court's list, despite the court usually dealing with companies being struck off.

A source speaking about the situation told The Sun: "When you think of how successful Dwight was as a player, it is hard to believe it has come to this.”

He went on to say: “His company has not done very well recently so the hearing could be to do with the company and not just his personal finances.”

Yorke has a company by the name of  Dwight Yorke Promotions which was set up in 1997.

The company's line of business includes operating and promoting professional and semi-professional athletic clubs and events.

The latest figures surrounding the company did not make pretty reading. In September 2015 its held assets were £6,094, down 73 per cent on the previous year.

But the company owed £6,092 in bank overdraft fees and long-term loans, meaning it had net assets of just £2.

An application for it to be struck off was lodged at Companies House last month.

Yorke has also had problems with his house, with a number of charges against his £3m home in Alderley Edge, Cheshire.

His spokesman failed to state what the hearing was about, but denied it was bankruptcy.